On October 12, the Chaoyang Branch of the Beijing Municipal Public Security Bureau announced that recently, in accordance with the law, the bureau opened an investigation against Yixin-related companies suspected of breaking the law and crime. Currently, the actual controllers, Tang, Zhao, and many other criminal suspects have been subject to criminal coercive measures in accordance with the law. On the evening of the same day, Pleasant Intelligence issued a statement saying that the company is an independently operated listed company focusing on fintech and AI technology innovation business. The reason involved in this incident was not found to be directly related to the business of Pleasant Intelligence Technology. Currently, the company's operations remain normal, and all businesses are progressing in an orderly manner. In the secondary market, due to news that companies related to Yixin were officially notified that a criminal case was filed, the stock price of the US stock market of Pleasant Intelligence Technology dived sharply when it opened on the same day. At the close, it was $0.5595 per share, a single-day decline of 44.05%.

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